HCLTech has entered into a strategic alliance with AMD to develop future-ready solutions across artificial intelligence (AI), digital, and cloud technologies. This collaboration aims to accelerate enterprise digital transformation through co-investment in innovation labs and training programs. Additionally, HCLTech has partnered with OpenAI to further drive enterprise-scale AI adoption, enabling its clients to leverage OpenAI's products alongside HCLTech's foundational and applied AI offerings. These partnerships underscore HCLTech's commitment to advancing AI and digital capabilities for its enterprise clients.

In the first half of 2025, major technology and semiconductor stocks have shown varied performance in the S&P 500. Advanced Micro Devices (AMD) led gains with a 19.2% year-to-date increase and a weekly rise of 12.1%. Nvidia (NVDA) also posted strong results, up 14.1% year-to-date and 9.6% for the week. Microsoft (MSFT) gained 17.7% year-to-date and 3.9% weekly, while Meta Platforms (META) outperformed with a 25.3% year-to-date increase and a 7.5% weekly gain.

Other notable performers include Uber (UBER) with a 9.3% weekly rise, Amazon (AMZN) up 1.8% year-to-date and 6.5% weekly, and Broadcom (AVGO) with a 16.2% year-to-date increase. Conversely, Apple (AAPL) declined 19.7% year-to-date and was nearly flat weekly (+0.1%), Google (GOOGL) dropped 3% year-to-date but gained 7.1% weekly, and Palantir Technologies (PLTR) fell 4.8% over the week. Tesla (TSLA) showed modest gains of 0.5% weekly. Taiwan Semiconductor Manufacturing Company (TSM) and Berkshire Hathaway (BRK.B) also posted positive year-to-date returns of 15.7% and 7.2%, respectively. Investors are focusing on key stocks such as Google, Robinhood (HOOD), and AMD as part of watchlists for their potential in the evolving AI economy. The S&P 500 index ($SPY) and Nasdaq 100 ($QQQ) remain central benchmarks for market performance discussions.

U.S. prosecutors have unsealed a four-count indictment charging British citizen Kai West, known online as “IntelBroker,” with leading a global hacking operation that infiltrated the networks of more than 40 organisations and caused over $25 million in losses. The complaint, filed in the Southern District of New York, accuses West of conspiracy to commit computer intrusions, wire fraud and related offences, each carrying penalties that could bring a combined maximum sentence of roughly 50 years.

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HCLTech has entered a strategic alliance with semiconductor maker Advanced Micro Devices to jointly develop enterprise-grade solutions in artificial intelligence, cloud computing and related digital platforms, the companies announced Tuesday.

The collaboration will establish joint innovation labs and development centres that integrate AMD’s processors with HCLTech’s technology-services portfolio, aiming to accelerate deployment of full-stack AI and high-performance computing offerings for global clients. Workforce training and reskilling programmes are also planned to support the roll-out.

HCLTech Chief Executive Officer C. Vijayakumar described the tie-up as a "strategic" move combining silicon-level integration with application development, while AMD Chair and CEO Dr. Lisa Su said the partnership would deliver "leading-edge technology solutions" for industries pursuing digital transformation.

Melius Research upgraded Advanced Micro Devices to Buy from Hold on 23 June, arguing that the market is under-estimating the company’s opportunity in graphics processors that power artificial-intelligence inferencing workloads.

The firm lifted its 12-month price objective to as high as $175—up from $110 in one widely circulated note—with separate market commentary pointing to a target of $211 from $135. Melius said investors are only "in the middle of a run" as the long-term earnings potential of AMD’s GPU business becomes clearer.

The bullish call sent AMD shares higher in Monday trading, extending a rally that has lifted the stock back toward last week’s highs. The move contrasted with a dip in rival Nvidia and a 7% slide in Super Micro Computer, which announced a $2 billion convertible-bond offering and saw its chief executive sell $13.5 million in stock.

Advanced Micro Devices received an upgrade from Melius Research, which raised its rating on the chipmaker to Buy from Hold and lifted the 12-month price target to $175 from $110. The brokerage said AMD is benefiting from accelerating demand for graphics processors and sustained growth in artificial-intelligence inferencing workloads, arguing that the market has yet to fully price in the longer-term upside.

Separately, Raymond James upgraded DoorDash to Strong Buy and increased its price target to $260 from $215. The firm cited underappreciated synergies from the company’s Deliveroo stake, improving advertising monetisation and progress toward autonomous deliveries as drivers that could expand profitability.

Shares of Advanced Micro Devices Inc. (AMD) showed strong performance in early trading on June 17, 2025, contributing to gains in the semiconductor sector and pushing the VanEck Semiconductor ETF (SMH) into positive territory. AMD's stock faced resistance around the $130 level throughout the morning, with notable call option activity creating a price barrier. Despite this, the stock rallied by approximately 3.9%, with some analysts suggesting it could reach the yearly value area between $139.50 and $140.70 if the upward momentum continues.

Market participants highlighted constructive price action and increased call flows, reflecting confidence in AMD's management and outlook. Several traders implemented stop orders to manage risk amid the volatility. Overall, the sentiment around AMD was bullish by the end of the trading day.

Advanced Micro Devices surged about 10% on 16 June 2025, making it the best-performing stock in the S&P 500. The rally came two trading days after the company’s AI-focused product showcase and followed a series of upbeat research notes that predicted a near-term “snapback” in the chipmaker’s performance.

Enthusiasm for artificial-intelligence hardware lifted other large technology names. Microsoft touched an intraday record near $500 as traders executed roughly $40 million of bullish call-option trades, while Nvidia moved closer to its own peak after six brokerages lifted their June price targets by roughly 20%. The moves underscore brisk investor demand for companies seen as central to the fast-growing AI ecosystem.

AMD CEO Lisa Su has projected that the artificial intelligence (AI) chip market will exceed $500 billion by 2028, with the AI accelerator segment growing at an annual compound growth rate (CAGR) of over 60%. This forecast surpasses AMD's previous estimate of a $500 billion market size, indicating even stronger growth potential. The company has made 25 strategic investments in AI-related firms over the past year and plans to launch an MI500-based AI server by 2027. Meanwhile, Arm Holdings reported a 14-fold increase in data center customers since 2021, driven largely by AI demand. The number of startups using Arm chips has also risen 12-fold during this period, highlighting the broader industry shift towards AI-focused semiconductor solutions. Industry analysts note that semiconductors remain the top investment sector in the AI arms race, fueled by record capital expenditures on GPU clusters and related technologies.

AMD CEO Lisa Su has projected that the artificial intelligence (AI) chip market will exceed $500 billion by 2028, with the inference chip segment expected to grow even faster. The AI accelerator market is currently growing at a compound annual growth rate (CAGR) of over 60%. AMD has made 25 strategic investments in AI-related companies over the past year and plans to launch an MI500-based AI server by 2027. Industry analysis indicates the AI chip market is anticipated to grow at a 23% CAGR through 2030, reaching nearly half a trillion dollars, according to TechInsights. The growing demand for AI inference chips has intensified competition between major players such as AMD and Nvidia, with chip stocks outperforming software stocks amid rising AI demand.

Advanced Micro Devices Inc. (AMD) has unveiled its new line of AI chips, including the MI350 series and the forthcoming MI400 series, which are set to launch next year. The MI350 lineup features the MI350X and MI355X models, designed to compete directly with Nvidia's Blackwell AI chips. At the unveiling event, AMD highlighted that Elon Musk's AI startup xAI is utilizing AMD's MI300 AI chips.

Additionally, OpenAI CEO Sam Altman confirmed that OpenAI is employing AMD's MI300X and MI450 AI chips. Following the announcement, AMD's stock experienced a notable increase, rising by over 7%, with market analysts expressing bullish sentiment and projecting potential near-term gains to $130 per share. AMD is now recognized as the second-largest supplier of AI chips, positioning itself as a strong competitor to Nvidia in the AI semiconductor market.

Advanced Micro Devices Chief Executive Officer Lisa Su used the company’s “Advancing AI 2025” keynote to introduce the Instinct MI350 series of AI accelerator chips, including the flagship MI355X. Su said the new silicon delivers up to 35-times faster inference than last year’s MI300X and outperforms comparable processors from Nvidia. The chips will be available to cloud and enterprise customers later this year as part of rack-scale systems that combine AMD’s CPUs, GPUs and networking hardware in an open architecture.

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AMD's CEO Lisa Su projected that the artificial intelligence (AI) chip market will exceed $500 billion by 2028, with the inference chip segment expected to grow even faster. The AI accelerator market is currently expanding at a compound annual growth rate (CAGR) of over 60%. AMD has made 25 strategic investments in AI-related companies over the past year and plans to launch an MI500-based AI server in 2027. The company's MI400 series is anticipated to debut within 12 months, ahead of NVIDIA's Vera Rubin expected in late 2026, indicating AMD's accelerated product cadence.

AMD's 2027 AI rack will incorporate 144 GPUs and Verano EPYC CPUs to enhance performance. According to AMD's CFO, the company holds an advantage on the inferencing side and is powering complex AI models such as ChatGPT-4, Microsoft Copilot, and Meta's Llama models. Meta and Microsoft have confirmed using AMD GPUs for inference tasks in their AI applications. Industry data from TechInsights forecasts the AI chip market to grow at a 23% CAGR through 2030, reaching nearly half a trillion dollars.

AMD CEO Lisa Su has projected that the artificial intelligence (AI) chip market will surpass $500 billion by 2028, with the data center AI accelerator total addressable market (TAM) growing at an annual rate exceeding 60%. This forecast exceeds the company's previous estimate of a $500 billion market size. Su highlighted that the inference chip segment is expected to grow even faster within this expanding market. AMD has made 25 strategic investments in AI-related companies over the past year to strengthen its position. The company also plans to launch an MI500-based AI server in 2027. Independent analysis from TechInsights forecasts the AI chip market to grow at a 23% compound annual growth rate (CAGR) through 2030, approaching nearly half a trillion dollars, with industry players including AMD, Nvidia, and Broadcom involved.

AMD CEO Lisa Su stated that the artificial intelligence (AI) chip market is expected to exceed $500 billion by 2028, with the inference chip segment projected to grow even faster. She highlighted that the AI accelerator market is experiencing a compound annual growth rate (CAGR) of over 60%. Su also mentioned that AMD has made 25 strategic investments in AI-related companies over the past year. Additionally, the company plans to release an MI500-based AI server in 2027. Su indicated that the total addressable market (TAM) for data center AI accelerators is likely to surpass earlier estimates, exceeding $500 billion by 2028.

Untether AI, a company specializing in RISC-V AI chips, has ceased operations. Its engineering teams have been acquired by AMD, marking AMD's third acquisition within a two-week period. While Untether AI's silicon and software products will no longer be available, AMD has integrated the company's engineering talent. Industry observers note that Untether AI had developed promising technology combining advanced AI chip design with RISC-V architecture.

Thunder Lotus Games, the developer behind Spiritfarer, has announced a new game titled At Fate's End, scheduled for release in 2026 on PlayStation 5, Xbox Series, and PC. The game is described as a narrative-driven, side-scrolling action platformer featuring cinematic, dialogue-driven combat. Players will control a silver-haired woman who engages in emotionally charged duels against estranged family members. At Fate's End will be available on day one for Xbox Game Pass subscribers.

Embark Studios has announced that its multiplayer extraction shooter, Arc Raiders, will launch on October 30, 2025. The release date was revealed during the Summer Game Fest 2025, with a new trailer accompanying the announcement.

Arc Raiders, the eighth most wishlisted game on Steam, is set in a post-apocalyptic future where humanity has been forced underground by lethal machines known as ARC. Players take on the role of Raiders, venturing to the surface to scavenge for supplies while contending with hostile machines and rival players. The underground neighborhood of Speranza serves as the player hub.

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Lil Yachty released a new single titled "MURDA" on June 6, 2025, accompanied by a music video featured on Lyrical Lemonade. The video was directed by AMD and Little Miles. The track samples a Maggie Rogers classic and was produced by SADPONY, Cade, Kat Lightning, and Lil Yachty himself. The release was teased in the days leading up to the drop, with the song officially becoming available at midnight on June 6.

Advanced Micro Devices Inc. (AMD) has made multiple acquisitions to strengthen its position in the artificial intelligence (AI) sector. On June 4, 2025, AMD acquired Brium, an AI software optimization startup known for its expertise in compiler technology and inference optimization. This acquisition aims to enhance AMD's open AI software ecosystem, improve AI software compatibility across AMD hardware platforms, and reduce customer dependence on Nvidia's AI hardware dominance.

Brium's technology is expected to optimize AI model performance on AMD GPUs and support a broader range of AI tools. Following this, AMD also acquired the entire engineering team behind Untether AI, a developer of AI inference chips recognized for faster and more energy-efficient products compared to competitors. This move, confirmed on June 5 and 6, 2025, involved hiring Untether AI's staff and shutting down the company's operations, further bolstering AMD's AI chip development capabilities. Additionally, AMD recently acquired photonic integrated circuit startup Enosemi to advance its co-packaged optics offerings for next-generation AI systems. Collectively, these acquisitions reflect AMD's strategic push to challenge Nvidia's market dominance in AI hardware and software by expanding its AI talent pool and technology portfolio.

HCLTech has entered into a strategic alliance with AMD to develop future-ready solutions across artificial intelligence (AI), digital, and cloud technologies. This collaboration aims to accelerate enterprise digital transformation through co-investment in innovation labs and training programs. Additionally, HCLTech has partnered with OpenAI to further drive enterprise-scale AI adoption, enabling its clients to leverage OpenAI's products alongside HCLTech's foundational and applied AI offerings. These partnerships underscore HCLTech's commitment to advancing AI and digital capabilities for its enterprise clients.

In the first half of 2025, major technology and semiconductor stocks have shown varied performance in the S&P 500. Advanced Micro Devices (AMD) led gains with a 19.2% year-to-date increase and a weekly rise of 12.1%. Nvidia (NVDA) also posted strong results, up 14.1% year-to-date and 9.6% for the week. Microsoft (MSFT) gained 17.7% year-to-date and 3.9% weekly, while Meta Platforms (META) outperformed with a 25.3% year-to-date increase and a 7.5% weekly gain.

Other notable performers include Uber (UBER) with a 9.3% weekly rise, Amazon (AMZN) up 1.8% year-to-date and 6.5% weekly, and Broadcom (AVGO) with a 16.2% year-to-date increase. Conversely, Apple (AAPL) declined 19.7% year-to-date and was nearly flat weekly (+0.1%), Google (GOOGL) dropped 3% year-to-date but gained 7.1% weekly, and Palantir Technologies (PLTR) fell 4.8% over the week. Tesla (TSLA) showed modest gains of 0.5% weekly. Taiwan Semiconductor Manufacturing Company (TSM) and Berkshire Hathaway (BRK.B) also posted positive year-to-date returns of 15.7% and 7.2%, respectively. Investors are focusing on key stocks such as Google, Robinhood (HOOD), and AMD as part of watchlists for their potential in the evolving AI economy. The S&P 500 index ($SPY) and Nasdaq 100 ($QQQ) remain central benchmarks for market performance discussions.

U.S. prosecutors have unsealed a four-count indictment charging British citizen Kai West, known online as “IntelBroker,” with leading a global hacking operation that infiltrated the networks of more than 40 organisations and caused over $25 million in losses. The complaint, filed in the Southern District of New York, accuses West of conspiracy to commit computer intrusions, wire fraud and related offences, each carrying penalties that could bring a combined maximum sentence of roughly 50 years.

Read more

HCLTech has entered a strategic alliance with semiconductor maker Advanced Micro Devices to jointly develop enterprise-grade solutions in artificial intelligence, cloud computing and related digital platforms, the companies announced Tuesday.

The collaboration will establish joint innovation labs and development centres that integrate AMD’s processors with HCLTech’s technology-services portfolio, aiming to accelerate deployment of full-stack AI and high-performance computing offerings for global clients. Workforce training and reskilling programmes are also planned to support the roll-out.

HCLTech Chief Executive Officer C. Vijayakumar described the tie-up as a "strategic" move combining silicon-level integration with application development, while AMD Chair and CEO Dr. Lisa Su said the partnership would deliver "leading-edge technology solutions" for industries pursuing digital transformation.

Melius Research upgraded Advanced Micro Devices to Buy from Hold on 23 June, arguing that the market is under-estimating the company’s opportunity in graphics processors that power artificial-intelligence inferencing workloads.

The firm lifted its 12-month price objective to as high as $175—up from $110 in one widely circulated note—with separate market commentary pointing to a target of $211 from $135. Melius said investors are only "in the middle of a run" as the long-term earnings potential of AMD’s GPU business becomes clearer.

The bullish call sent AMD shares higher in Monday trading, extending a rally that has lifted the stock back toward last week’s highs. The move contrasted with a dip in rival Nvidia and a 7% slide in Super Micro Computer, which announced a $2 billion convertible-bond offering and saw its chief executive sell $13.5 million in stock.

Advanced Micro Devices received an upgrade from Melius Research, which raised its rating on the chipmaker to Buy from Hold and lifted the 12-month price target to $175 from $110. The brokerage said AMD is benefiting from accelerating demand for graphics processors and sustained growth in artificial-intelligence inferencing workloads, arguing that the market has yet to fully price in the longer-term upside.

Separately, Raymond James upgraded DoorDash to Strong Buy and increased its price target to $260 from $215. The firm cited underappreciated synergies from the company’s Deliveroo stake, improving advertising monetisation and progress toward autonomous deliveries as drivers that could expand profitability.

Shares of Advanced Micro Devices Inc. (AMD) showed strong performance in early trading on June 17, 2025, contributing to gains in the semiconductor sector and pushing the VanEck Semiconductor ETF (SMH) into positive territory. AMD's stock faced resistance around the $130 level throughout the morning, with notable call option activity creating a price barrier. Despite this, the stock rallied by approximately 3.9%, with some analysts suggesting it could reach the yearly value area between $139.50 and $140.70 if the upward momentum continues.

Market participants highlighted constructive price action and increased call flows, reflecting confidence in AMD's management and outlook. Several traders implemented stop orders to manage risk amid the volatility. Overall, the sentiment around AMD was bullish by the end of the trading day.

Advanced Micro Devices surged about 10% on 16 June 2025, making it the best-performing stock in the S&P 500. The rally came two trading days after the company’s AI-focused product showcase and followed a series of upbeat research notes that predicted a near-term “snapback” in the chipmaker’s performance.

Enthusiasm for artificial-intelligence hardware lifted other large technology names. Microsoft touched an intraday record near $500 as traders executed roughly $40 million of bullish call-option trades, while Nvidia moved closer to its own peak after six brokerages lifted their June price targets by roughly 20%. The moves underscore brisk investor demand for companies seen as central to the fast-growing AI ecosystem.

AMD CEO Lisa Su has projected that the artificial intelligence (AI) chip market will exceed $500 billion by 2028, with the AI accelerator segment growing at an annual compound growth rate (CAGR) of over 60%. This forecast surpasses AMD's previous estimate of a $500 billion market size, indicating even stronger growth potential. The company has made 25 strategic investments in AI-related firms over the past year and plans to launch an MI500-based AI server by 2027. Meanwhile, Arm Holdings reported a 14-fold increase in data center customers since 2021, driven largely by AI demand. The number of startups using Arm chips has also risen 12-fold during this period, highlighting the broader industry shift towards AI-focused semiconductor solutions. Industry analysts note that semiconductors remain the top investment sector in the AI arms race, fueled by record capital expenditures on GPU clusters and related technologies.

AMD CEO Lisa Su has projected that the artificial intelligence (AI) chip market will exceed $500 billion by 2028, with the inference chip segment expected to grow even faster. The AI accelerator market is currently growing at a compound annual growth rate (CAGR) of over 60%. AMD has made 25 strategic investments in AI-related companies over the past year and plans to launch an MI500-based AI server by 2027. Industry analysis indicates the AI chip market is anticipated to grow at a 23% CAGR through 2030, reaching nearly half a trillion dollars, according to TechInsights. The growing demand for AI inference chips has intensified competition between major players such as AMD and Nvidia, with chip stocks outperforming software stocks amid rising AI demand.

Advanced Micro Devices Inc. (AMD) has unveiled its new line of AI chips, including the MI350 series and the forthcoming MI400 series, which are set to launch next year. The MI350 lineup features the MI350X and MI355X models, designed to compete directly with Nvidia's Blackwell AI chips. At the unveiling event, AMD highlighted that Elon Musk's AI startup xAI is utilizing AMD's MI300 AI chips.

Additionally, OpenAI CEO Sam Altman confirmed that OpenAI is employing AMD's MI300X and MI450 AI chips. Following the announcement, AMD's stock experienced a notable increase, rising by over 7%, with market analysts expressing bullish sentiment and projecting potential near-term gains to $130 per share. AMD is now recognized as the second-largest supplier of AI chips, positioning itself as a strong competitor to Nvidia in the AI semiconductor market.

Advanced Micro Devices Chief Executive Officer Lisa Su used the company’s “Advancing AI 2025” keynote to introduce the Instinct MI350 series of AI accelerator chips, including the flagship MI355X. Su said the new silicon delivers up to 35-times faster inference than last year’s MI300X and outperforms comparable processors from Nvidia. The chips will be available to cloud and enterprise customers later this year as part of rack-scale systems that combine AMD’s CPUs, GPUs and networking hardware in an open architecture.

Read more

AMD's CEO Lisa Su projected that the artificial intelligence (AI) chip market will exceed $500 billion by 2028, with the inference chip segment expected to grow even faster. The AI accelerator market is currently expanding at a compound annual growth rate (CAGR) of over 60%. AMD has made 25 strategic investments in AI-related companies over the past year and plans to launch an MI500-based AI server in 2027. The company's MI400 series is anticipated to debut within 12 months, ahead of NVIDIA's Vera Rubin expected in late 2026, indicating AMD's accelerated product cadence.

AMD's 2027 AI rack will incorporate 144 GPUs and Verano EPYC CPUs to enhance performance. According to AMD's CFO, the company holds an advantage on the inferencing side and is powering complex AI models such as ChatGPT-4, Microsoft Copilot, and Meta's Llama models. Meta and Microsoft have confirmed using AMD GPUs for inference tasks in their AI applications. Industry data from TechInsights forecasts the AI chip market to grow at a 23% CAGR through 2030, reaching nearly half a trillion dollars.

AMD CEO Lisa Su has projected that the artificial intelligence (AI) chip market will surpass $500 billion by 2028, with the data center AI accelerator total addressable market (TAM) growing at an annual rate exceeding 60%. This forecast exceeds the company's previous estimate of a $500 billion market size. Su highlighted that the inference chip segment is expected to grow even faster within this expanding market. AMD has made 25 strategic investments in AI-related companies over the past year to strengthen its position. The company also plans to launch an MI500-based AI server in 2027. Independent analysis from TechInsights forecasts the AI chip market to grow at a 23% compound annual growth rate (CAGR) through 2030, approaching nearly half a trillion dollars, with industry players including AMD, Nvidia, and Broadcom involved.

AMD CEO Lisa Su stated that the artificial intelligence (AI) chip market is expected to exceed $500 billion by 2028, with the inference chip segment projected to grow even faster. She highlighted that the AI accelerator market is experiencing a compound annual growth rate (CAGR) of over 60%. Su also mentioned that AMD has made 25 strategic investments in AI-related companies over the past year. Additionally, the company plans to release an MI500-based AI server in 2027. Su indicated that the total addressable market (TAM) for data center AI accelerators is likely to surpass earlier estimates, exceeding $500 billion by 2028.

Untether AI, a company specializing in RISC-V AI chips, has ceased operations. Its engineering teams have been acquired by AMD, marking AMD's third acquisition within a two-week period. While Untether AI's silicon and software products will no longer be available, AMD has integrated the company's engineering talent. Industry observers note that Untether AI had developed promising technology combining advanced AI chip design with RISC-V architecture.

Thunder Lotus Games, the developer behind Spiritfarer, has announced a new game titled At Fate's End, scheduled for release in 2026 on PlayStation 5, Xbox Series, and PC. The game is described as a narrative-driven, side-scrolling action platformer featuring cinematic, dialogue-driven combat. Players will control a silver-haired woman who engages in emotionally charged duels against estranged family members. At Fate's End will be available on day one for Xbox Game Pass subscribers.

Embark Studios has announced that its multiplayer extraction shooter, Arc Raiders, will launch on October 30, 2025. The release date was revealed during the Summer Game Fest 2025, with a new trailer accompanying the announcement.

Arc Raiders, the eighth most wishlisted game on Steam, is set in a post-apocalyptic future where humanity has been forced underground by lethal machines known as ARC. Players take on the role of Raiders, venturing to the surface to scavenge for supplies while contending with hostile machines and rival players. The underground neighborhood of Speranza serves as the player hub.

Read more

Lil Yachty released a new single titled "MURDA" on June 6, 2025, accompanied by a music video featured on Lyrical Lemonade. The video was directed by AMD and Little Miles. The track samples a Maggie Rogers classic and was produced by SADPONY, Cade, Kat Lightning, and Lil Yachty himself. The release was teased in the days leading up to the drop, with the song officially becoming available at midnight on June 6.

Advanced Micro Devices Inc. (AMD) has made multiple acquisitions to strengthen its position in the artificial intelligence (AI) sector. On June 4, 2025, AMD acquired Brium, an AI software optimization startup known for its expertise in compiler technology and inference optimization. This acquisition aims to enhance AMD's open AI software ecosystem, improve AI software compatibility across AMD hardware platforms, and reduce customer dependence on Nvidia's AI hardware dominance.

Brium's technology is expected to optimize AI model performance on AMD GPUs and support a broader range of AI tools. Following this, AMD also acquired the entire engineering team behind Untether AI, a developer of AI inference chips recognized for faster and more energy-efficient products compared to competitors. This move, confirmed on June 5 and 6, 2025, involved hiring Untether AI's staff and shutting down the company's operations, further bolstering AMD's AI chip development capabilities. Additionally, AMD recently acquired photonic integrated circuit startup Enosemi to advance its co-packaged optics offerings for next-generation AI systems. Collectively, these acquisitions reflect AMD's strategic push to challenge Nvidia's market dominance in AI hardware and software by expanding its AI talent pool and technology portfolio.